Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget+0.062%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1121.125% of the position
Funding, last 7 days−0.175%−$17 on $10k
+Price spread, last 4 days (all we have)−0.153%−$15 · spread now +0.062%, 7d avg −0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.063% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ESPUSDT | 0.09539 | 0.0100 | pay 0.0050% / 4h | 40m 11s | $959K | $135K | 20x |
| Short | OKX ESP-USDT-SWAP | 0.09545 | 0.0100 | get 0.0050% / 4h | 40m 11s | $605K | $1.1M | 20x |
Bitget ESPUSDT
OKX ESP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.062% → −0.001%
- $6.3
- Slippage, 4 orders
- −$90.49
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$106.2
- Costs to cover
- 1.125%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 61 min ago; OKX: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 61 min ago | 16.03 bp | 24.3 bp −$24 | 83.5 bp −$835 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.10 bp | 20.7 bp −$21 | 874.1 bp −$8,741 | doesn't fit | doesn't fit |
ESP on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ESPUSDT | +0.0100% | 4h | 0.09540 | +0.010% | $7K | $18K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09539 | −0.001% | $2.4M | $4.1M | 25x | as long as short |
| OKX ESP-USDT-SWAPshort | +0.0100% | 4h | 0.09545 | +0.062% | $605K | $1.1M | 20x | |
| Gate ESP_USDT | +0.0100% | 8h | 0.09539 | −0.001% | $189K | $603K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09537 | −0.022% | $1.3M | $130K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09540 | +0.009% | $1.5M | $41K | 25x | as long as short |
| Bitget ESPUSDTlong | +0.0100% | 4h | 0.09539 | long leg | $959K | $135K | 20x | |
| BloFin ESP-USDT | +0.0102% | 4h | 0.09539 | −0.001% | $127K | $34K | 25x | as long as short |
| edgeX ESPUSDC | +0.0103% | 4h | 0.09535 | −0.044% | $29K | $266K | 10x | as long as short |
| BingX ESP-USDT | +0.0866% | 4h | 0.09537 | −0.022% | — | $1.7M | — | as long as short |
Aster ESPUSDT
Binance ESPUSDT
Gate ESP_USDT
MEXC ESP_USDT
KuCoin ESPUSDTM
BloFin ESP-USDT
edgeX ESPUSDC
BingX ESP-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.0919% | 4h | 0.09529 | −0.106% | $1.1M | $656K | 50x | as long as short |
Bybit ESPUSDT